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AFRICOAST ENERGY LAUNCHED
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AFRICOAST ENERGY LAUNCHED

FOLLOWING significant growth in the renewable energy business, 
AfriCoast Engineers SA has developed a sister company to exapnd
its vision.
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Ramaphosa intervenes to ensure Transmission System Operator will own grid assets

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President Cyril Ramaphosa has directly intervened in the dispute over Eskom’s unbundling plan, announcing in his 2026 State of the Nation Address (SoNA) that the independent Transmission System Operator (TSO), being set up outside of the State-owned entity, will own and operate the transmission assets. The statement directly contradicts the unbundling plan announced by Electricity and Energy Minister Dr Kgosientsho Ramokgopa in December, which stated that, while the TSO would be the system and market operator, the National Transmission Company South Africa (NTCSA) would retain the transmission assets and remain an Eskom Holdings subsidiary.

Tongaat BRPs apply for provisional liquidation after collapse of Vision transaction

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The business rescue practitioners (BRPs) of sugar producer Tongaat Hulett have reported that, after exhausting all reasonable endeavours, they have applied to the High Court of South Africa KwaZulu-Natal division for an order discontinuing the company’s business rescue proceedings and placing Tongaat into provisional liquidation. The decision was taken as the business rescue plan was no longer implementable as a result of the lapsing of the sale agreements with Vision Group.

South32 Mozambique smelter wind-down to impact jobs, potentially Eskom

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Australian diversified miner South32 has confirmed that its Mozal aluminium smelter, in Mozambique, will be put into care and maintenance in March. “As announced in December 2025, Mozal aluminium will transition to care and maintenance in March 2026 due to the inability to secure sufficient and affordable electricity supply. We are working closely with our people and stakeholders through this change,” CEO Graham Kerr said in a presentation for the six months ended December 31, 2025.

TSAM set to introduce various new models, laments South Africa’s deindustrialisation

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Toyota South Africa Motors (TSAM) has unveiled the latest models to be offered in the South African market this year, including various new-energy vehicles (NEVs). The company announced at its yearly State of the Motor Industry (SOMI) event, on February 12, that it would focus on expanding its D-segment offerings, which comprised mid- to large-size passenger cars – typically more than 5 m in length – with some luxury features that can perform well in urban and off-road conditions.

Eskom says it may take trading rules on legal review, as it calls for material changes

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Eskom has raised a slew of legal and technical issues with the draft trading rules being considered for approval by the National Energy Regulator of South Africa (Nersa) and has indicated that it is ready to take legal action should the rules not be amended. This new threat of a legal challenge was made during Nersa hearings into the trading rules on February 12.
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